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Big Fed rate cut needed for ‘noticeable’ changes in UAE mortgage borrowing costs
The US Federal Reserve’s decision to keep rates unchanged on Wednesday will not have a significant effect on UAE mortgages, ...
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Cheaper loans for UAE consumers likely soon
With the UAE dirham pegged to the US dollar, the UAE central bank kept their Emirates Interbank offered rates EIBOR overnight deposit facility unchanged at 5.40 per cent. The CBUAE has also ...